The single most conspicuous effort to promote MNC social responsibility and to harness FDI for economic development is the:
A) social contract.
B) Universal Declaration of Human Rights.
C) Global Compact.
D) transnationality index.

Question

Quizplus · Accepted Answer

The Global Compact is a United Nations initiative that aims to encourage businesses to adopt sustainable and socially responsible policies and practices. It provides principles for companies to follow in areas such as human rights, labor, environment, and anti-corruption. The Global Compact is a prominent effort to promote MNC social responsibility and economic development by engaging companies in dialogue and action on these issues. The other options listed are also relevant to the topic of MNC social responsibility and FDI, but the Global Compact is specifically focused on mobilizing business action.

The Single Most Conspicuous Effort to Promote MNC Social Responsibility